Search results for GLD
Crypto
Bitcoin volatility falls as it moves toward \'digital gold\' track
An analysis says Bitcoin has moved onto a track toward becoming “digital gold” as its volatility has declined over the past decade. Bitwise Chief Investment Officer Matt Hougan argued that comparing Bitcoin directly with gold is inappropriate because Bitcoin is only 17 years old and far smaller by market value. He said volatility tends to fall as a digital store of value matures, and cited lower Bitcoin volatility over time and greater institutional participation after U.S. spot Bitcoin ETFs launched.
Crypto
BlackRock\'s IBIT bitcoin spot ETF surpasses GLD in daily trading
BlackRock’s iShares Bitcoin Trust ETF, IBIT, rose more than 5 percent in daily trading and outpaced the SPDR Gold Shares ETF, GLD, in both trading volume and gains. IBIT posted $1.56 billion in turnover, ranking fifth among ETFs, while GLD recorded $907.64 million and ranked ninth. IBIT traded around $45.81 to $45.86, while GLD was near $398.96 with a 0.15 percent rise.
Crypto
JPMorgan says bitcoin could outperform gold if ETF hedging eases
JPMorgan says bitcoin could show a relatively stronger performance than gold if downside hedging demand among bitcoin ETF investors eases. It says institutional exposure to bitcoin and gold ETFs is high, but bitcoin investors are more active in protecting against declines. Gold ETF demand recovered faster, JPMorgan says, while bitcoin ETFs recouped about half of prior outflows. It points to high short interest in BlackRock’s IBIT and options positioning as signs of defensive bitcoin positioning.
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Crypto
Bernstein sees bitcoin at $300,000 by 2029 on weak dollar, ETF tailwinds
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Crypto
Bitcoin slips, gold jumps as risk aversion grows ahead of U.S. CPI
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Crypto
Bitcoin spot ETFs have far to go despite rebound; June outflows hit record
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Finance
Silver extends gains over gold, putting precious metals leadership to the test
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Markets
Why a pullback could be a stronger signal than gold\'s 17 percent rally